by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Together with U.S. restrictions, they mean more than 440 shadow fleet tankers face sanctions, including tankers Moscow needs to ship oil to its biggest buyers, China and India Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous...
by AIP Online Bureau | Aug 13, 2025 | International News, Technology
“Insurers are increasingly turning to technology to help unlock growth and profitability… We will work with the company (Sapiens) to accelerate investment into technology innovation, AI, and customer centricity,” Douglas Hallstrom, a director at Advent, said in a...
by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk,” the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a...
by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Indian News, Technology
To improve the efficiency of cheque clearing and reduce settlement risk for participants, and to enhance customer experience, the RBI has decided to transition CTS from the current approach of batch processing to continuous clearing with...
by AIP Online Bureau | Aug 13, 2025 | Indian News, Non-Life, Reinsurance, Technology
“We have hired Mike Andrews. We expect the raw details of information from the black-box to come before us at the earliest so that we can make further decisions regarding the next course of steps, along with our lawyer. In India, trials get dragged out for...
